Assurant Inc Expands Partnership with Holman to Enhance Automotive Services

Assurant Inc expanded its partnership with Holman, a global automotive leader, to provide finance and insurance products, sales and F&I training, and participation program guidance to Holman's newly acquired 30 dealership locations. The collaboration aims to enhance customer satisfaction and operational performance, following Holman's acquisition of Leith Automotive Group in 2024.

Assurant Inc. (NYSE: AIZ) has expanded its partnership with Holman, a global automotive leader, to provide finance and insurance (F&I) products, sales, and F&I training to Holman's newly acquired 30 dealership locations. The collaboration aims to enhance customer satisfaction and operational performance following Holman's acquisition of Leith Automotive Group in 2024.

Holman, headquartered in Mount Laurel, New Jersey, is one of the largest privately owned dealership groups in the United States, operating 59 dealerships across nine states. The acquisition of Leith Automotive Group has almost doubled Holman's retail automotive operations, making it one of the largest integrated automotive service companies in North America.

Assurant, a premier global protection company, has been Holman's performance development partner since 2016. The expanded partnership will see Assurant support the newly added dealership locations with F&I products, dealership sales, F&I training, and participation program guidance. This collaboration is expected to elevate customer satisfaction and drive meaningful results.

"As Holman’s trusted performance development partner since 2016, we are excited for the opportunity to deepen our collaboration," said Joe Amendola, VP, Business Development & Strategy at Assurant Dealer Services. "We have successfully onboarded the newest Holman dealership teams and are energized to work even more closely to elevate customer satisfaction and drive meaningful results."

Holman's National Director of Finance, Shelby Preble, expressed his confidence in Assurant's ability to drive F&I profitability to record levels. "As we welcomed these already well-run dealerships into the organization, we wanted to ensure consistency across our entire family of dealerships and continue to optimize performance. Through our partnership with Assurant, our newest platform in North Carolina is already up over $200 PVR, providing the resources our dealerships need to continue to thrive while also helping us deliver an exceptional customer experience."

This expansion of the partnership underscores Assurant's commitment to the automotive industry and its ability to adapt to industry trends. The company's Global Automotive division has built a solid reputation in providing vehicle protection products and services, contributing significantly to Assurant's overall financial performance.

Assurant's Global Automotive division plays a crucial role in providing protection products and services across the automotive and commercial equipment sectors. With a presence in 21 countries and serving more than 50 million consumers, Assurant Global Automotive is a recognized leader in the automotive industry. The division's success is driven by its ability to adapt to industry trends, build strong partnerships, provide valuable solutions to its clients and their customers, and navigate the evolving regulatory and economic landscape.

This expanded partnership with Holman should benefit Assurant's Global Automotive division, allowing it to support a larger network of dealerships. Assurant's recent reports highlight positive trends in mobile device protection and loss experience, indicating the company's strong performance in the global automotive market.

References:
[1] https://accesswdun.com/article/2025/8/1298477
[2] https://www.nasdaq.com/articles/assurant-teams-holman-boost-global-automotive-division
[3] https://www.businesswire.com/news/home/20250820908419/en/Assurant-Expands-Partnership-with-Holman